1950-02-25 — Page 12

t

BUNAPLER. JALU SINGAPORE, JAVK. PORTS and MACASSAR "TJSTJALENGKA" "VAN HEU¥8=** ** "TJISADANE"

• Only to Bing@port, Panang & Bolswan Dell.

MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"BOIBBEVAIN"

JAPAN

"TSIPONDOK".

"DERLAGE"

"BOISSEVAIN”

ARRIVALS SAILINGS

Oth.Mar...

180 MA

20th Mar.

DIN MUN 21st Mar, 20th Mar,

17th Mar.

3rd Apr.

5th Mar,

11th Mar

12th Mar, 19th Mar,

Jet Apr.

Agents: HOLLAND-EAST ASIA LINE

EUROPÉ vio MANILA

and MALAYA

"HEOMSKEAK"

. "HOOGKERK"

Through B/L feed ta

Mediterrándan and Northern

European porta.

JAPAN

"HEEMSKERK"

"HOOGKERK"

KINGS HUEMISG

8th Mar,

ARRIVALS SAILÍNGS,

27th Fab. early Apr.

26th Feb.

early Apr.

18th Mar.

TELLPHONES: 28815440 Zio17

ESTENENT, AGENTS 62 LAPONARGRETHİYE, ALLEN

U. S. ORIENT MERCHANT LINE.

SHIP

ARRIVALS

FROM

}

DUE

3. "DINGWALL

NEW YORK.

fr Port

B. "AGÁTHI"

EAST COAST/U.S.A.

in Port

... "ANDREAS"

GALVESTON,

Abt.

27th Feb.

** "NORLAGO"

GALVESTON,

14th Mar,

W. R. LOXLEY & CO., (CHINA) LTD.

York Duliding

AGENTS.

Tel. 34145

OCEAN AGENCIES, LTD,

:

U.S.A. West Coast/North China Dirder Service

First Ship on above service leaving Lós Angolos, San Francisco, etc, and February, and

Calling direct at Tsingtao, Tientsin, etc.

For Fraight Space and other particulars plédée apply to THE HONG KONG EASTERN SHIPPING CO., LTD.

Room 28, French Hank Building, 2nd Floor, Telephéüdk: 32300 & 28801

Australia West Pacific Line

EXPRESS SERVICE.

"CITOS”

Cătrying general, ventilated and refrigerated cargo,

Loading 2nd March

Manila, Rabuul, Brisbane, Sydney,

enë, Adéfàide.

accepted tõi

salánd

General Agent:

BODWILL

CO. LTD.

FINANCE AND

COMMERCE

SHIPPING INSURANCE

ON INCREASE

RATES

N.Y. Stock Exchange

[Insurance rátes for blockade-running, ships, have încreased more than 100 pát cârf in the past four months for South Ching ports and Shang- hai,

However, blockade runners trading with ports North of Tientsin are being charged 300 per cent less for full wdr risk insurance than they were two months ago.

H.K. Stock

PRESIDENT LINES

The Global 77001

Exchange S.S. PRESIDENT CLEVELAND

Since theresumption of business after the Chinese New Year holl- days, the Miarket has bélávelt Ferratically. At one tline thort did not lack signs of an Improvement dixt an absence of sellers. Thes signs were followed by on air of uncertainty, not knowing in which direction, the est would jump. Dividends, which must be con- sidered antisfactory, are being declared, bút, they havé lodi no effect, and quotations for the Closing most part are wobby. toné, úngertain.

H.K. GOVT. LOANS

New York, February 23. Specialised buying supported A Hong Kong shipping off-1 and such prohibitive, insurance the stock market today. The cial said yesterday that six rates as nine and 10 per cent are general run of prices showed only months ago, a charterer could being quoted. minor changes, many of them get full war risk coverage for

"But, if one or

fwo ships de 1% Loan 03b. conwing through the session, Shanghal-bound cargo for less break into Canton, then it is car-34% Loan (1934 & 1940) Ósb. while a hand-picked group of than three per cent of the tain timt the rates would drop." stocks finished with gains rang-cargo's total value.

He said: "Nothing has done so 317 Loun(1948) 996. Ing 10 more than a point..

incl to discourage local char- lererá frám sénding materials to

A steady flow of demand was linked to hopes that a break in 'the coal deadlock was shaping up. Transfers totalled 1,310,000

shares.

Among gainers were Wheeling Steel, Granite City, Steel, Eastern Airlines, Admiral Corporation, Budd Company, Niagara Mohawk Power. Stumblers included Ameri- zan Locomotive.

15

Dow Jones. Averages:. Slocks 13.08; 20 Industrials 209.32; Rails 55.24: 10 Utilities 42.73.

Closing quotations:

Alaska Juneau 3

"

110%

American Smelting 544

Telephone 1497% Tobreco 73 Waterworks 10

H

Anaconda Copper 29% Aviation Corp. 74 Baldwin Locomotive 12% Barnsdall 473%

Bendix Aviation 40%

Bethlehem Steel 334 дене

Boeing Alteraft 27%

Borden Co. 51%

Canadian Pacific 15 Canadia

1. Case 44

Chrysler

ercial Solvents 104

Commerciai

Corn Products 70 Du Pont 83%

Eastman Kolak 47% General Electric 40% Motors 70%

Goodrich 02

Goodyear, 48% Homestoke Mining 45% International Harvester 2018

Paper 36%

•

Tel & Tel 124 Johns Manvine 40%. Kennecott Copper 541 Montgamery Ward 56 National Distillers 22%

Lead 374

"

New York Central 12% Packard Motors 411⁄2 Pan American Airways 10 Pennsylvania RR 17 Radio Corp. 15%

Steel 20%... Tobaccó 38%

Schenley 32% Sears Roebuckc 42 15 Shell Oll 35% Secony Vacuum 10% Southern Pacific $2% Standard Brands 23

Oil of Calit. 62 "Oll of N. J. 00% Studebaker 28

Union Carbide 435

43%

US Rubber

**Steel 30%

" Lines 17

Westinghouse 344

Youngstown Sheet & Tube 78% Gen. Pub, Utilities 18

Shippers are now paying per cent.

To Manchurian ports, war tlak cargo Insurance has jumped from 13 per cent of value to an in- trease of more than 300 per ecrit. Principal. reason for sudden fluctuations has been the netivity or inactivity, of the Nationalist navy

avy blockading Chinese

North of Tientsin, not one has been reported to have been interfered

ufered with in any way during the fast, three months.

However, two days after Na- tionalist warships seriously dam-) aged the American merchant ship, ss. Flying Arrow, while that ship was attempfing to break the Shanghál blockade, war risk in- suránce an enrgo therensed from three to five per cent for Shang- hal,

Canton most difficult

The amolai eafd that in, ad- dition,, since the Intense bomb- Inge of Ghanghat have increased] the danger to ships, daigo rates] were expected to jump again. He added: "At the present time, Canton. is the most difficult port to get into through the blockade,

**

Expansion of Japan's trade

with Asia

Tokyo, February 24. Trade between Japan and the rest of Asia must be in- creased in order to help solve the problems of all Asia, Gerl- eral MacArthur's diplomatie adviser, Mt. William J. Sebald, told the United Press today

Communist ports as the current trance rates being quoted in Hong Kong today,"

HK dollar exchange

London, February 25, The exchange rate of the Hong Kong dollar was after- ed today to 1/2, 13/10d 1/2- 29/320. Previously vas 1/2 27/328-1/2- 18/19.

The Singapore rate chang ea ia 2/4 1/768-2/4: 3/160. Previously it was 2/4- 17824 ---2/4. 57328.

Other rates remained un cKangad,United Prése.

DÁNKS

H.K. & S. Bank X.D. 14709. Chartered Bank 10 3/16 Mercantile Bk. 4. & D. £220.

(Lon. Reg) £36.

Bank of East Asia, 100b..

INBURANCES

Canton Ins..315n, Union Ins., 820s. China, Underwriters Sn. 11.K. Firé Ins. 210b.

SHIPPING

Douglases 200n..

H.K. & M. Steamboats 11n. Indo Chinas (Pret) 69ån.

(Def.) 2001.

Shells (Begrer) 11/3n. U. Waterboats 25b. Ayla Nuv. POH.

Docks, Wharved, Godowns, Etc. H.K. & K. Wharves 108г. North Point Wharves on... Sh. Hongkew Wharves 16. H.K. Docks 18.600, 1015. 10. China Providents 12b. Shanghai-Dockyards 6s, 5.6530. Whellocks 2716, 274ch.

MINING

Seized ships on

returned to Chinese

Raub Mines bin, H.K. Mines 074n."

Lande, Hôtéľá á Sidge. H. & S. Hotels (10.806, 11.204.

11/10.80.655:

50%

H.K. Lenas AD, Shanghai Lands 25. Humphreys 102b, jisa. H.K. Realties 2n Chinese Estates 180n.

PUBLIC UTILITIES Tramways lib, 15, 15.40xå.

(Old) 18. ak, (New) 9in. Star Ferries. C. Lights (Old) 115b, 125, 11.50sá.

92 n.

Tokyo, February 24.. General Douglas MacArthur has ordered nine Liberty ships to be returned to their Chin-1 ede operators after their sel- Peak zure In Japanese ports early in February for non-payment of mortgages, according to a

8.40, 0.80. metal announcement today. H.K. Eléctrica 30b, 30an.

The mortgage defaults were Macao Electrics 20n. created at Washington, it was sald. Sandakan Lights fin.

Eight ships were ordered to

Telephones 181b. to the Chinn released

Stear Shanghai Gas 11⁄4f., Navigation Company The amih

INDUSTRIALS ordered to be returned

the Nanking Victory, waz Cald. Marg. (Ord.) 24n.

to the Canton Ices din. China Union line.

Cements 266, 27s, 201an. Meanwhen asked for a coun

in Singapore, the H.K. Ropes 15lb.

STORES &0. injunction today against the off-Dalry Farms 4010, 428, 418m. eers of the Ahihsuars to prevent Watsons 495, t0ls,. 191/7sa. them from sailing the ship out of L. Crawfords 20n. Singapore Harbour, adds Asso- Sinceres 3.80... ciated Press.

China Emporium 10b. The former Chinese Nationalin Sun Co., Ltd. 3in. vessel recently went over to the Kwong Song Hong X.U. 986. Communists.

Wing On (HK) 516. Wim. Potrell, Ltd. Dis. Langdon said it was one of 41

MISCELLANEOUS ships sold to the Nationalists in China Entertainmente 1016.

hereby de United Stat 1947 under an arrangement H.K. Constructions (0) 2.40n.

(N) 1.300. Vibro Plling 1936. gepossess in default, of pegmentim Reuter and Asiated Press,

Marsman, Investments-0/-ns Marshmi, (H.K) 75m.

Yangišzés 4th.

Ewos 3.806.

Mr. Sebold returned to Tokyo Inst night from Bangkok where he attended a conference of U.Sts. diplomatic chiefs in the Far East, This morning he made a

personal report to General MacArthur on the findings of conference

the "As a result of

of my trip" Mr. Subald sold, "I am more than ¿ver convinced that the volume of commerce between Japan and the rest of Asia should be thereased. Japan can, and wants to supply goods to other Asiatic countries hicle wheter such trade might inclusie Componist China, Mr. Sebald replied: "I could, but at practical matter it is alhost Impossible to deal with China.” United Press,

re

need?!

need

NY RUBBER

New York February 23, Crudo rubber No. 1 futures closed five higher with sales of 20 contracts.

Bonds were narrow, Amongį curts gainera were American May 18:20: July 18.76. Potashi, Bunker Hill-Mining, Solår! Spot Na í ribbed smoked sheets Aircraft, Raytheon, - Associatėd] 19 5/8 nominal. -- Associated

Press,

Pres

DE LA RAMA LINES

„Sailing Vĩa Japart pante to. U.S. PACIFIC & ATLANTIC COAST PORTY M.V.""AJAX"

19th Mar,

Arriving via Manila frăm) U.S. ATLANTIC & PACIFIC COAST PORTS S, “DONA AURORA”

dus 16th Mat. M.S. “DONA NATI”

due 28th Mar,

BUTTERFIELD & SWIRE

Aģents

1. Connaught Road, C.

Tet: 50331/8

Consul Generat

WOR

LONDON STOCKS Shaughal Loan L.30n..

WE

COTTONS

London, February 23. The stock market marked time today-cléstión day It gitetty firm. Most of the small adding was for South, Antican Kafir gold shares. Cement and sugar shares, regarded us political at HK$0.60% me closed at $0.56. US dollars opened yesterday

will sail for

SAN FRANCISCO

via

KOBE, YOKOHAMA, and. HONOLULU

on

* Sunday, February 26, at midnight

Passengers are requested to board the vessel Sunday, Fel. 26 butween 8.00 PM, and 10.00 P.M.

Baggage room and hold baggage will be received In Kawloon Godowit No. 50, (No. 2 Gate, Canton Road) an February 25 from 0.00 AM to Noën and 2.00 PM. to 5.00 P.M.

BEN

SHIP "VENMHOR" "BENAVONS, +++ *"BENALBANACH"

"BENVENUE"

*BENLEOP

"BENNATOW" "DENNEVIS". "BENCRUACHAN

"BENNATÓW" *AEŃVENUE"

BENVANNOCH"

"BENNIVIO”

{"BÉNAVON"

("BENLAWERS"...:

"BENCRUACHAN"

FREM TUR

LINE

FAR EAST

ARRIVALS

FROM

.U.K. via Singapore.

SAILINGS

DUR IN PORT

25th Feb.

'5th Mar,

on or abt. 14th Mar.

London, Antwerp, Hotterdam, Hamburg & Hall,

Gencar Avonmouth, London, Rotterdam, Hamburg & Hull,

ܪ܂

Liverpool, Glasgow, Dublin, * Havre and- Antwerp.

24th Mar.

2nd Apr.

7th Apr.

17th Apr.

24th: Apr,

30th Apr.

Loading on or abt.

21st Apr. 18th Mat

24th M 26th. Apr. 28th Feb.

-6th Apr.,

3rd May

Via Malaya, Colombo, Aden, and Suez Canal.

accepta Garce for Kestung and Japan.

* Accepts Cargo for Japan; san

† Accents Cargo for Port Sudan,

I Accepts, Cargo for Hull, vag

(Adopts Cargo for Rotfärdam

For Further Partinstars, Apply To-

W: R. LOXLEY

York......Bullding.

&

CO. (CHINA) LTD. Agents

„Telephonet:: 146

Money Market THE EAST ASIATIC CO., LTD.

stocks because of the announced Labour Government intention to Highest and lowest rates were nationalise them, remained Orm. $6.50 and $0.49. International states were keri-

with from through pút wag erally dull. Oils moved up where HK60.63 to .76.5314 there was any dange.

Sterling dropped to HE$16,1b. Financial Times' Index: 10.8-in Australian pounds also dropped. Associated Press.

NOTICE TO CONSIGNEES

ISBRANDTSEN LINES is. "FLYING INDEPENDENT" Cargo damaged by fire and water ex this vessel will Be surveyed by Messrs. Andersou & Ashe at Hongkong & Kow- loon Wharf & Godown. Có, Lfd. and Standard Vacuum Co. Open Yard, Laichikok, at 10.00 laun, on Monday, February 27,

1930)

Consigneta

Opening DE HK$13.40, the closing

rate was five conts down.

Plastres were marked up to HK$15 a 100 nominal.

Tiens at HK428.30 a 100 ware Unchangott.

NEI GÜLTE HIC$24.50 a 100.

WoreTM higher at

NOTICE TO CONSIGNÉES

FUNDTHIER "Sa pɔ

RARITIERS

· Cliffmodi fer: Compadre- MY. "LA MARSEILLAIST”

new hershy' astrid Üty dai dirfa representatives 1,wing, discharged into the Hong Sle are requested to be present fodasin Wharf. A. Överde with all necessary documents. | Vodoing whose 10 ARE W LE Chikage:

P. PATTISON K

COMPANY,

General Agents.

Paciffie Far East Live, live

The

SAN FRANCISCO, LOS

Fast Regular Tr

AND

HERICA

and coating at mange mang viêm

"Evods^d?V=Jandal,**

-Damaged packagua ues to be. Ježi

Mosers, Goddard, & Dizala at.

M.S. “MORELIA”

LOADING ABOUT 8th- MARCH

for

ADEN, PORT SAID, GENOA,

ANTWERF, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

Tanks available for the carriage of off in halk.

THE EAST ASIATIC CÔ., LTD. Queens hug, má hobr.

Tel. 54113 & 34112.

KLAVENESS LINE

Direct to Los

Frdriciado,

SAILINGS

M.S. "TRANCIŠVILLE“ M:S. "CASTLEVILLE”

ARRIVALS FROM PACIFIC COASTAL.

30th Mar

M.S. M.S.

24th Mar. 21st Apr

Sailing to

Pórt Swettenham,

Batavia

BOUGAINY

LINE

King # Bulld